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More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Why a VPN Is the First Layer You Should Pull On When Browsing the Web
29.10.2019
Virtual private networks (VPNs) can be useful for all kinds of things, from streaming foreign sports to protecting your identity from heightened online surveillance. For cryptocurrency users, VPNs are particularly precious, providing access to exchanges that are geo-restricted, and enabling crypto...
Exchange Tokens Have Outperformed BTC This Year
29.10.2019
Few crypto assets have outperformed bitcoin this year, but the handful that have are predominantly exchange tokens. Their success attests to that of the token sale launchpads they have hosted, which have in turn driven demand for exchange tokens. But as IEOs start to wind down, can exchanges...
Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
29.10.2019
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...
Bitcoin and Altcoins Remain In Strong Uptrend
29.10.2019
Recently, there was a downside correction in bitcoin price below the USD 9,500 support area. However, BTC/USD remained well supported above the USD 9,000 and USD 9,050 support levels. The price is currently (09:00 UTC) moving higher, but facing a few key hurdles near the USD 9,580 and USD 9,650...
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
After Breaking New Records Bakkt Announces Crypto Consumer App
28.10.2019
Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...
Stealth Miners on the BCH Network Attract Scrutiny
28.10.2019
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...
Bakkt to Test a New Crypto Product With Starbucks
28.10.2019
Bakkt, the recently launched Bitcoin futures trading platform, said they're now focused on the development of a consumer app and merchant portal, "as well as testing with our first launch partner, Starbucks, which we expect in the first half of next year."
"Our vision is to provide a consumer...
Crypto Market Sentiment Back to Pre-Crash Level; Bitcoin Reigns Alone
28.10.2019
It has been an interesting past week for the Cryptoverse, seeing both a crash and a rally. The combined 7-day Sentscore for the top 10 coins by market capitalization didn’t rise for the fourth week in a row, but it didn’t drop either. It’s still at 4.94/10, where we saw it last Monday, according...
Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off
28.10.2019
On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS...
Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested
28.10.2019
The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human...
Indian Crypto Trading Volumes Accelerate on Positive Sentiments
28.10.2019
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto...
Bitcoin Price and Altcoins Poised for Further Appreciation
28.10.2019
This past week, bitcoin price started a strong upward move from the USD 7,550 support area. BTC/USD gained more than 25% and broke many resistances near USD 8,500 and USD 9,000. It even rallied above USD 10,000 before starting a downside correction. Currently (08:00 UTC), the price is trading above...
How Hard Is It to Brute Force a Bitcoin Private Key?
28.10.2019
Trying to crack a private key with a brute force attack is a bit like trying to count to infinity: the sooner you begin, the faster you’ll never get there. Despite being as next to impossible as impossible gets, using a brute force attack to crack a bitcoin private key remains an intriguing...
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
27.10.2019
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...
Low Interest Rates Are Crushing Young People and Fueling Global Riots
27.10.2019
There are currently riots going on in Chile, Hong Kong and Lebanon. While in every place they are caused by complex local issues, there is a global problem that is an underlying trend: low interest rates which make it impossible for young people to save for their future and at the same time push...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...